Economy and commerce

Developing Asia’s economy will rebound faster this year than previously estimated, as nations tread diverging recovery paths, according to the Asian Development Bank. Southeast Asia’s forecast was lowered to 4.4% growth this year amid reduced projections for Malaysia, the Philippines and Thailand. The region’s gross domestic product ...

A new industrial boom is bringing high-tech investments to eastern Thailand. But in this drought-prone landscape, is there enough water to go around? As Thailand embarks on an ambitious industrialisation drive along its eastern seaboard, local communities and conservationists fear a brewing war over water. The Eastern Economic ...

New reports of Lao military operations against ethnic Hmong communities suggest the government is tightening its control over areas targeted for development and investment. According to a Radio Free Asia report on April 1, Lao military forces have repeatedly attacked Hmong living around Phou Bia mountain in Xaysomboun province, ...

In Southeast Asia, as everywhere else, Covid-19 has fundamentally disrupted business as usual. A damaging side-effect of the pandemic on companies in the region, especially small and medium-sized enterprises (SMEs), is the emergence of new corruption risks – the urgent demands of emergency procurement have ...

The prices of animal feed climbed sharply Mr. Nguyen Thanh Binh, Director of Chau Thanh Fisheries Production and Service Cooperative in Dong Thap Province, said that from the end of 2020 to now, the price of fish feed has escalated sharply. On the contrary, the price ...

Local communities along the Mekong River are asking the government to establish a fund, made up of collected tax revenues from development projects on the waterway, to compensate villagers affected by them. “This fund [should] not be a corporate social responsibility scheme,” said Ormbun Thipsuna, president ...

For Bernard Kervyn, the pandemic has made poverty alleviation an even more challenging task in countries along the Mekong River. Kervyn, regional director in Vietnam and Cambodia for the nonprofit organization Mekong Plus, said the outbreak has led to a 30 percent rise in the number ...

While Vietnam has largely succeeded in combatting the coronavirus, COVID-19 is not the only crisis facing the country, as the threat posed by climate change is reported to be, in some ways, just as serious. According to the latest Global Climate Risk Index report, published in January, Vietnam’s ...

Following Monday’s military coup, life in Myanmar appears to be rapidly returning to normal. However, big questions remain over what happens next and especially the prospects for existing and future foreign investment in the country. We examine the possibilities.  What happened and why?  The military moved in ...

The Massachusetts Institute of Technology’s Green Future Index listed Vietnam as a climate laggard economy for making low and uneven commitments toward a green future. The index released by MIT Technology Review Insights this week measures 76 global economies on their progress and commitment toward building ...